Tradeweb Markets (TW) Share-based Compensation (2018 - 2026)
Tradeweb Markets (TW) posted quarterly Share-based Compensation of $25.1 million for Q1 2026, up 12.95% year-over-year from $22.2 million in Q1 2025, and down 11.46% on a QoQ basis from $28.3 million in Q4 2025.
Tradeweb Markets (TW) Share-based Compensation (2018 - 2026) Analysis & Trends
Tradeweb Markets (TW) has reported Share-based Compensation for 9 consecutive years, with $25.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Share-based Compensation rose 12.95% year-over-year to $25.1 million; the TTM figure through Mar 2026 stood at $106.4 million (up 11.5% YoY), while the FY2025 annual figure was $103.5 million, up 15.49% from the prior year.
- Share-based Compensation came in at $25.1 million for Q1 2026 at Tradeweb Markets, down from $28.3 million in the prior quarter.
- The five-year high for Share-based Compensation was $28.3 million in Q4 2025, with the low at $11.6 million in Q1 2023.
- Average Share-based Compensation over 5 years is $20.6 million, with a median of $21.0 million recorded in 2022.
- Across the five-year window, Share-based Compensation jumped 68.96% in 2022 and declined 25.04% in 2023, its largest moves.
- Year by year, Share-based Compensation stood at $17.2 million in 2022, then grew by 18.86% to $20.5 million in 2023, then rose by 14.2% to $23.4 million in 2024, then gained by 21.15% to $28.3 million in 2025, then retreated by 11.46% to $25.1 million in 2026.
- According to Business Quant data, Share-based Compensation over the past three periods registered $25.1 million, $28.3 million, and $26.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - | 571.00 Mn |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - | 2.53 Bn |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - | 138.00 Mn |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn | - |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn | 92.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - | 23.06 Mn |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - | 25.06 Mn |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn | 51.80 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn | 31.49 Mn |
| 10 | Evercore | 13.30 Bn | 11.58 Bn | 1.38 Bn | 195.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.06 Mn |
| Mar 31, 2026 | 25.06 Mn |
| Dec 31, 2025 | 28.31 Mn |
| Dec 31, 2025 | 28.31 Mn |
| Sep 30, 2025 | 26.14 Mn |
| Sep 30, 2025 | 26.14 Mn |
| Jun 30, 2025 | 26.91 Mn |
| Jun 30, 2025 | 26.91 Mn |
| Mar 31, 2025 | 22.19 Mn |
| Mar 31, 2025 | 22.19 Mn |
| Dec 31, 2024 | 23.36 Mn |
| Dec 31, 2024 | 23.36 Mn |
| Sep 30, 2024 | 26.17 Mn |
| Sep 30, 2024 | 26.17 Mn |
| Jun 30, 2024 | 23.72 Mn |
| Jun 30, 2024 | 23.72 Mn |
| Mar 31, 2024 | 16.40 Mn |
| Mar 31, 2024 | 16.40 Mn |
| Dec 31, 2023 | 20.46 Mn |
| Dec 31, 2023 | 20.46 Mn |